Question

    Which of the following bond/s are issued with a coupon rate but the coupon payment is done at the time of redemption?

    A Convertible Bond Correct Answer Incorrect Answer
    B Fixed Coupon Rate Bonds Correct Answer Incorrect Answer
    C Floating Coupon Rate Bonds Correct Answer Incorrect Answer
    D Cumulative Coupon Rate Bonds Correct Answer Incorrect Answer
    E Sovereign Gold Bonds Correct Answer Incorrect Answer

    Solution

    Cumulative Coupon Rate Bonds: These bonds are issued with a coupon rate but the coupon payment is done at the time of redemption.

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